Somerset Group LLC Has $470,000 Stake in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)

Somerset Group LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 93.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,554 shares of the company’s stock after buying an additional 9,452 shares during the period. Somerset Group LLC’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $470,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Nwam LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth about $377,000. Alesco Advisors LLC grew its holdings in Schwab Short-Term U.S. Treasury ETF by 8.7% during the third quarter. Alesco Advisors LLC now owns 184,594 shares of the company’s stock valued at $9,041,000 after purchasing an additional 14,761 shares during the period. StoneX Group Inc. acquired a new position in Schwab Short-Term U.S. Treasury ETF during the third quarter valued at approximately $2,829,000. Associated Banc Corp increased its stake in Schwab Short-Term U.S. Treasury ETF by 1.5% in the third quarter. Associated Banc Corp now owns 126,590 shares of the company’s stock valued at $6,200,000 after purchasing an additional 1,814 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in Schwab Short-Term U.S. Treasury ETF by 15,996.5% in the third quarter. Bank of Montreal Can now owns 2,607,963 shares of the company’s stock worth $127,921,000 after purchasing an additional 2,591,761 shares during the period.

Schwab Short-Term U.S. Treasury ETF Price Performance

Shares of NYSEARCA SCHO opened at $24.32 on Friday. Schwab Short-Term U.S. Treasury ETF has a twelve month low of $23.85 and a twelve month high of $24.54. The company’s fifty day moving average is $24.21 and its 200-day moving average is $24.24.

Schwab Short-Term U.S. Treasury ETF Profile

The Schwab Short-Term U.S. Treasury ETF (SCHO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of debt issued by the US Treasury, excluding STRIPS, with remaining maturity of 1-3 years. SCHO was launched on Aug 5, 2010 and is managed by Charles Schwab.